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28 August 2023

Press Release 08/2023

COMMEO advises Ger. Heinemann on the acquisition of a majority share in Nobilis Holding GmbH

Frankfurt am Main – August 2023 COMMEO advised Gebr. Heinemann SE & Co. KG on the acquisition of a majority stake in NOBILIS Holding GmbH, the parent company of the NOBILIS Group. The sellers are the managing directors of NOBILIS Holding GmbH, Mr. Udo Heuser and Dr. Joachim Henseler. While Dr. Joachim Henseler sold his entire shareholding in Heinemann, Udo Heuser remains a shareholder of NOBILIS Holding GmbH.

Gebr. Heinemann operates worldwide as a wholesaler and retailer on the international travel market. The Gebr. Heinemann Group primarily operates duty-free and travel value stores, licensed brand boutiques and concept stores at international airports, border crossings, ferries and cruise ships. Heinemann also supplies airports, airlines and shipping companies worldwide. The NOBILIS Group, with companies in Germany, Austria and Switzerland, is active in the trade and distribution of perfumes and cosmetics and provides comprehensive services in this area as a service partner, in particular marketing services to support distribution.

COMMEO handled the merger control notification to the German Federal Cartel Office and coordinated the notification to the Austrian Federal Competition Authority. Both antitrust authorities have cleared the transaction in the first phase.

Isabel Oest and Dr. Stephanie Pautke acted as competition law advisors for Gebr. Heinemann.

COMMEO is a specialized law firm focusing exclusively on competition law. An established team of experienced lawyers advises national and international clients on all aspects of German and EU competition law.